-The Tribune Incentivises ethanol produce to cut crude oil dependence New Delhi: Aiming to reap electoral dividend in the upcoming elections, the government on Wednesday approved a new umbrella scheme to roll out its hiked MSP for farm produce under “Pradhan Mantri Annadata Aay Sanrakshan Abhiyaan” (PM-ASHA) for which it has earmarked Rs 15,053 crore. It has also decided to incentivise ethanol production in a bid to reduce crude oil dependence at a...
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Anganwadi laggard stirs
-The Telegraph Centre hikes pay, still trails many states New Delhi: The Narendra Modi government on Tuesday decided to increase the honorarium the Centre pays anganwadi workers and accredited social health activists besides those working as auxiliary nurse midwives in a move trade unions saw as an election-eve sop to cap brewing discontent. The unions have been demanding the regularisation of these workers and helpers who last got a hike in 2011. State governments...
More »As Consumers Reel from High Fuel Prices, OMCs Make a Killing Off Inventory Gains -Noor Mohammad
-TheWire.in Indian Oil, BPCL and HPCL together made inventory gains of over Rs 12,000 crore in the April-June 2018 quarter alone as the price of crude rallied. New Delhi: Indian consumers of petrol and diesel may be reeling under high prices but oil marketing companies (OMCs) and the government are having a great time. The three state-owned companies – Indian Oil, BPCL and HPCL – together made inventory gains of over Rs 12,000...
More »Cause for caution: On India's GDP growth -Puja Mehra
-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
More »Clean Ganga remains a dream -Purnima S Tripathi
-Frontline.in Four years after Prime Minister Narendra Modi’s announcement of the Namami Gange project, the river remains as dirty as ever. WHILE in Varanasi to file his nomination papers for the 2014 Lok Sabha election, Narendra Modi, then the Bharatiya Janata Party’s (BJP) prime ministerial nominee, had declared with his characteristic bravado, “I have not come here on my own. I have been invited by mother Ganga.” He said it was his...
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